The outstanding dollar amount of subprime mortgage debt fell 10% in the second quarter to $374.8 billion as these nonconventional loans continue to “disappear” from servicing portfolios

Wells Fargo and Royal Bank of Scotland are planning to sell a CMBS called Wells Fargo Commercial Mortgage Trust 2012-LC5, according to an SEC filing yesterday.

Mayer Brown's teleconference today highlighted several regulatory developments, that could come into effect "at any time"; which issuers must keep in mind when doing cross border deals that are sold into the U.S.

Freddie Mac reported 30-year fixed mortgage rates were unchanged at 3.55%, while 15-year rates slipped just one basis point to 2.85%.

S&P analysts expect the sector's volume will most likely meet their $10 billion full-year forecast, eclipsing 2011's $9.7 billion issuance volume.

Servicers that work on delinquent Federal Housing Administration-backed mortgages are becoming more proficient at short sales, FHA said in a recent 3Q12 report to Congress.

The Federal Housing Administration is bracing for a large spike in insurance claim payments now that servicers have adjusted to the requirements of the $25 billion robo-signing settlement.

Partners Group has raised a €375 million ($480 million) fund that will invest in senior secured bank loans and make direct loans to midmarket companies, the firm said today.

A California judge upheld his own decision to whittle the government's claims against the firm's ex CEO Michael Perry.

Ambac set up the account in March 2010 to hold certain troubled liabilities. Because of Ambac Assurance's financial troubles, Ambac has not been paying claims on the segregated account.

The Italian Bank, UniCredit has made its first ABS tender offer since 2010 to repurchase up to €1bn ($1.28bn) of its Italian RMBS and lease ABS bonds.